Syrian American Club Inc

Analysis

Syrian American Club Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Syrian American Club Inc reported income of $132k and spending of $144k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $132k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Syrian American Club Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Writer S Block Ink Incorporated ($132k), Seabee Museum and Memorial Park ($132k) and Athenas Gem Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $564k against liabilities of $100, net assets of $564k.